Marymount California University Financial Aid and Scholarships
Students Receiving Aid
83%
Total Aid Amount
$17.493M
Financial Aid Official Website
www.marymountcalifornia.edu/financial-aid
Such schemes include Marymount California University - Cal Grant, Marymount California University - California Dream Act, and TVWS Scholarship. It is interesting to note that, every year, around 84% of students at MCU receive some kind of financial aid, while the total amount of assistance/loans provided is $3,439,774. One can visit MCU's financial aid page at http://www.marymountcalifornia.edu/financial-aid for more information. The total percentage of candidates applying to Marymount California University who receive the Federal Grant is 38%. On the other hand, 84% of the candidates get the Student Grant, 84% receive the Institution Grant, and 30% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,495, and the same stands at $4,220 for State Grant awardees and $13,965 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,031. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Those with a family income below $30,000 per annum, would get an average federal aid of $26,439 in a year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $23,374, while those falling in the $48,001-$75,000 income category get $24,422 a year. On the other hand, the average federal aid stands at $17,538 for those with an annual family income between $75,001 and $110,000, and at $17,606 for an income more than $110,000. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 59% of the applicants to Marymount California University opt for student loans.
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